Florida Prepaid is not technically financial aid, so it does not disburse with aid. Florida Prepaid is a tuition plan that pays per credit hour and is determined by the plan purchased for the student. Your current Florida Prepaid credit hour rate can be found in ONE.UF by looking at your last term’s benefit amount then dividing by the number of credits registered.
If you will earn UF credit on your study abroad program, the UF Bursar will invoice the Florida Prepaid College Plan after the term’s drop/add date. The benefit funds will then be processed though the student’s ONE.UF account. If you will earn transfer credit through your study abroad program, you must complete and return the Florida Prepaid Request Form to the UF International Center (UFIC). Students who have the Florida Prepaid dorm plan and would like one term of dorm benefit to use for study abroad costs must also complete the form. UFIC will invoice the Florida Prepaid Plan after the student’s program begins. These funds will then be released to UFIC about 6-8 weeks after the start of the program. Upon disbursement, the funds will be applied to outstanding program fees for a UF Sponsored study abroad program. If all study abroad related fees are paid, a check will be mailed to the U.S. address indicated on the form. Funds cannot be direct deposited in this case. Contact Florida Prepaid for your account information at 1-800-552-GRAD.